Romania's central bank has announced in a press statement on Dec.10 that its Board of Directors approved on September 30, 2024 the Internal Regulation on the general framework for emergency liquidity assistance.
BCR Seed Starter, the first corporate venture capital (CVC) company established by a bank in Romania, has announced its first investment, of EUR500,000, in FieldOS, an innovative platform in the Field Services Management (FSM)/Computerized Maintenance Management Software (CMMS) vertical.
Private medical clinics chain Regina Maria has announced the relocation of the Policlinica Baneasa clinic to the Baneasa Airport Tower building, following an investment of EUR5 million.
Romania's trade balance posted a deficit of EUR27.21 billion in January-October 2024, higher by EUR3.99 billion (+17.2%) compared to the same period of 2023, data from the country's statistics board INS showed on Tuesday (Dec. 10).
The Romanian real estate investment market ended the first three quarters of 2024 with deals worth almost EUR650 million, around three times more than in the year-earlier period, registering the biggest deal activity growth in the region, in line with Colliers data.
Techbolide, a developer of software solutions and IoT technologies, is relocating its central headquarters to office compound Business Garden Bucharest part of the portfolio of Swedish developer Vastint.
INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic area, has signed an agreement for stock acquisition in Pehart Grup, one of southeastern Europe’s largest paper producers.
IPEC (Întreprinderea de Portelan Elena Covaciu), the company that manufactures ceramic products for household and ornamental use and is one of IKEA's main suppliers on the local market, expects to end the current year with turnover worth around RON137.5 million (EUR27.6 million), down from 2023, when it raked in RON143.4 million (EUR29 million).
Fitness center network Stay Fit Gym continues investments and accelerated growth and wants to reach around 70 units countrywide by end-2025, against almost 50 units at the end of this year, explained Alexandru Lascar, co-founder of Stay Fit Gym.
MedLife group, the largest private healthcare player by turnover in Romania, aims to expand further, either via acquisitions, or by opening new clinics, particularly in cities where it does not have a strong foothold.